The latest price target for MPLX (NYSE:MPLX) was reported by Wells Fargo on December 18, 2024. The analyst firm set a price target for $54.00 expecting MPLX to rise to within 12 months (a possible 12.90% upside). 21 analyst firms have reported ratings in the last year.

The latest analyst rating for MPLX (NYSE:MPLX) was provided by Wells Fargo, and MPLX maintained their overweight rating.

The last upgrade for MPLX LP happened on March 14, 2023 when JP Morgan raised their price target to $41. JP Morgan previously had a neutral for MPLX LP.

There is no last downgrade for MPLX.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of MPLX, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for MPLX was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.

While ratings are subjective and will change, the latest MPLX (MPLX) rating was a maintained with a price target of $53.00 to $54.00. The current price MPLX (MPLX) is trading at is $47.83, which is out of the analyst’s predicted range.